Survey on the rent freeze

What owners think about further regulation


The governing parties are currently discussing a possible tightening of the rent freeze and further regulation of tenancy law. A recent survey by Mr. Lodge shows how around 800 landlords assess these plans - and what messages they are sending to the public and politicians. (Online survey 10/2025)


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"Free market regulates everything better! Also, please really promote new construction."

"The additional burden on landlords means there are fewer and fewer apartments available for tenants."

"The rent freeze makes renting less attractive. The result: less rental housing construction. This exacerbates the housing shortage."

"Taxing rental income only after rental expenditure would be good for the market"

"Renting in Munich is now completely uninteresting. I have already significantly reduced my portfolio and will certainly not buy more under these conditions."

"Politicians should focus on the cause of the high rents: namely the lack of new-build apartments"

"Renting is already no longer worthwhile for private providers today. Any further restrictions will mean that no one will want to rent out anymore."

"The market regulates the price, not politics"

"If renting is not economically viable, the stock will inevitably deteriorate."

"The rent freeze, like a number of other measures, is an ineffective instrument in the housing problem because it only addresses the symptoms. The only chance for a solution would be a fundamental reform of land law that removes the basis for speculation with the non-renewable factor of land. It is not possible to go into further detail here. Hans-Jochen Vogel has made proposals in the right direction. However, the real estate lobby, like the financial lobby in its sector, knows how to prevent such reform proposals from being implemented."

"A lot of money and effort goes into furnishing, which should be appreciated. What's more, a certain clientele needs just such an offer."

"If it's no longer worth renting out, there will be no more rental apartments. And it is politics that has made housing so expensive, if only through the extremely restrictive designation of building land. We would love to build in an urban environment but are not allowed to."

"The surcharge for furniture is too low. No difference between good and bad furniture."

"Build more, and remove insane requirements such as climate-neutral apartments."

"The rent freeze does not create housing-it prevents it from being created"

"Protection of private landlords who invest in real estate and thus relieve the strained housing market"

"Tidying up building regulations. Building must become cheaper again."

"The new rules would not even reach the depreciation rates, the additional economic risk of renting is completely ignored."

"Rents are lowered through consistent housing construction - not through regulations, bans, price brakes, etc."

"The more the position of landlords is weakened, the more residential construction will decline"

"I don't see how I could exert any influence on politics, they are planning over our heads."

"This would mean even less investment in residential real estate."

"Furnished rentals meet an important need in economically strong regions."

"Building apartments, less regulation. Tackle the problems on the housing market with determination rather than producing party-political, ideological piecemeal solutions."

"The high demands on the quality of housing, especially in terms of energy, sound insulation and legionella testing, to name but a few, are already barely affordable. Rental properties are financed by rental income, private owners must be able to act economically. At the end of the day, the bill must add up."

"As an owner, I cannot be restricted in the use of my property, which I have financed and for which I am responsible, to such an extent that it no longer makes sense for me to make residential property available for rent."

"Housing is a basic right and must remain a basic right for all income groups, even in large cities. Following the Viennese model, the city of Munich should build up and maintain a real estate portfolio and in this way ensure affordable housing and preservation of the social environment."

"Please do not apply such an unfair and inappropriate practice to this particular type of rental. This would simply amount to stealing from the owners and handing it over to the tenants and would not be consistent with free market principles and true democracy."

"Leave it as it is now"

"Without private investment, the rental situation would deteriorate drastically"

"I think that furnished rentals, such as those offered by Mr. Lodge, should be excluded from the rent brake, as they are more in the direction of AirBnB and long-term hotel rentals than long-term rentals of unfurnished apartments. It also promotes the international exchange of people who want to work in other countries and thus, in the case of Germany, contribute to economic success. I could write novels about the advantages, but I'll leave it at that."

"The limit would greatly prevent new construction."

"Increased building is an increased rent brake"

"Build a lot more apartments at state expense, then the rent will be regulated by supply and demand!"

"I would leave the apartment empty - if - and not rent it out!"

"Less regulation instead of constant paternalism... Supply and demand define the right price."

"More building, no state rent payments to social tenants who displace others, building with fewer conditions, remove all cost-driving conditions, short-term rentals can only be offered via cost-covering rents."

"That tenants also want furnishings and would not / could not rent unfurnished in the case of temporary apartments."

"The best way to curb rents would be to stimulate competition by building more housing."

"More social housing should be built or the old ones should not have been sold and now everything is being carried out on the backs of the landlords, although the politicians are clearly to blame for the problem"

"Build instead of regulate! Free markets instead of political clientelism."

"There is a legitimate interest in meeting demand in this segment, which tends to compete with hotels. At the same time, there are of course also landlords and estate agents who are shamelessly exploiting the current situation to make maximum profit. This must indeed be countered, ideally by creating more affordable housing and much stronger support for non-primarily profit-driven ventures, such as cooperative socio-ecological housing projects."

"The view of the landlord and their risks and returns is completely ignored!"

"The more restrictions, the more likely it is that I will only invest abroad."

"As properties in cities like Munich are expensive to buy, renting with a rent freeze is absolutely unprofitable."

"Excessive tenant protection leads to vacancies"

"The currently already high costs (electricity, gas, tradesmen), which are often included in this rental model, should not be disregarded, and rental income is also taxed. It is not the case that you automatically become rich as a result, but you do have major obligations and expenses. If the effort becomes less and less worthwhile, renting becomes less and less attractive for private individuals"

"I am absolutely in favor of more transparency and tenant protection as well as fairer rents. At the same time, I think it is important to look at the individual case with regard to furnished short-term rentals and to specifically hold investors and organizations that offer furnished short-term rentals and thus take away living space to account."

"High-quality furnished apartments for short-term rentals are urgently needed to attract highly qualified professionals."

"Less regulation boosts urgently needed housing construction!"

"You should think more about social housing and otherwise leave the rental market alone."

"Tightening the rent freeze will not lead to more living space because it is no longer worthwhile for private landlords. Private landlords are not rent sharks."

"Renting must remain attractive"

"The rent freeze is the wrong instrument. It treats the symptoms, but not the cause. The state should make new builds easier and cheaper so that the supply of housing increases and rents fall."

"Too little attention is paid to how high the non-recoverable costs of maintaining a property are for the landlord. Landlords are often private individuals who have taken out a bank loan for financing and are therefore dependent on a certain return on investment."

"Let the market decide for itself"

"If there is less private investment in real estate, there will be 80% fewer apartments"

"It would be nice if politicians would stop neglecting their constitutional duty to chase after social media trends and finally do what economic expertise suggests. There are several well-documented studies from other countries on the subject of rent controls etc., which have already suffered shipwreck with the excessive regulation of the rental market. In particular, the parties of the traditional middle class should stop allowing themselves to be blackmailed by a left-green minority and driven before them. The AfD would not have become strong enough to serve as a firewall if the CDU/CSU and the FDP had not abandoned their traditional positions in the center of the political spectrum. Nobody wants an AfD government. What many want is a return of political discourse to the level of objective debate. The social market economy has proven to be the best compromise - it has nothing in common with the neo-socialist regulatory state that is now being sought."

"To be honest: it's basically true. Many people can no longer afford to live there and at some point Munich will only be a city for the wealthy. There also needs to be living space for low-income earners such as sales assistants, nursing staff etc.; that would of course change the overall situation and property prices would fall. Wouldn't do any harm either."

"The rental and subsequent sale of our apartment in Munich went smoothly and professionally with Mr. Lodge. This real estate professional takes into account the needs of both the seller and the buyer. The aim is to create a WIN-Win situation for all parties involved."

"Tenants' demands and rights make renting out unprofitable. Small investors and investors prefer to invest in shares..."

"As a landlord, I take a high entrepreneurial risk. It is not the case, as portrayed by the left, that a landlord has simply been given everything. The money used to purchase and maintain the properties is hard work. Earned and taxed."

"Pricing should be up to each owner. who wants to invest in something and then be told what they should earn from it? Supply and demand determine the price anyway."

"This extension of the rent freeze will certainly not solve the problem of too little living space."

"With the tightening of the rent freeze, furnished rentals will become unprofitable and no longer make sense."

"I am in favor of a free market economy. If the state were to create more living space, it could have a market-regulating effect"

"If the thumbscrews for renting out residential property continue to be tightened - as they have been in recent years - we will invest our capital elsewhere and no longer in the residential real estate market."

"The increasing impairment of property rights makes it difficult not only for companies but also for private individuals to remain invested in Germany. Investments in neighboring countries such as Denmark and Austria have become much more attractive."

"A lack of residential construction cannot be made up for by making use of existing apartments. If there aren't enough cars on the market, you don't steal them from your neighbor."

"As a single person, renting is becoming increasingly difficult"

.

"The rent freeze acts as an absolute barrier to private housing construction and private renting. If MBremse is applied at all, then it should be linked to proof of income."

"Continue to work on fair rental conditions. Large corporations should be closely scrutinized and sanctioned if necessary."

"The rent is still based on the quality of the residential location, the condition of the building, the apartment and the furnishings."

"It is not the landlords who are to blame for the high rents, but the financial policy of constant inflation since the dissolution of the gold-backed currency in 1971. Since then, property has taken on the role of inflation protection as well as housing. In this respect, politicians are arsonists and are now acting as firefighters."

"No laws on the backs of private landlords only. No exceptions for commercial landlords."

"The market regulates itself."

"Building instead of intervening in the market, which leads to less living space."

"The state should make building cheaper again."

"Furnished accommodation is a very good way for a large target group to find a home for a limited period of time and not have to stay in a hotel, which would be much more expensive and anonymous. That's why I don't see it as blocking urgently needed living space."

"I am an entrepreneur and a landlord. In both cases, the state is making it increasingly difficult to show a willingness to take risks for the community."

"Lower interest rates, finance more apartments"

"I think you can judge this best, we invest and are service providers and now we are to be punished for it. Do politicians also want to set overnight rates in the hotel industry soon? I hope your network reaches the state chancellery!"

"The rent cap allows wealthy tenants to pay lower prices. As a landlord, you generally opt for a solvent tenant. In this respect, the rent freeze does nothing for the socially disadvantaged, as sold, but benefits those who get the apartment that way."

"As a tenant, I welcome a tightening of the rent freeze, as a landlord I may have to accept losses, but I still think it is right for our society."

"We need a liberalization of the market and more housing construction! State intervention exacerbates the housing shortage."

"The state also benefits from (high) rents (income tax). Real estate transfer tax on the sale of large housing companies!!!"

"The rent freeze is completely the wrong way to improve the current situation. Instead, young people need to be given incentives to invest in property. There are many good ideas and examples of this in other European countries!"

"In my experience, the furnished rental model is used by people who can afford the price and therefore value high-quality furnishings."

"Do not restrict freedom of contract, because this has a negative impact on the housing market."

"A tightening on one side should be accompanied by a favoring on another side. For example, a reduced tax rate if you rent under the rent cap."

"Create more apartments by reducing regulations, then the market will regulate the issue itself."

"Less intervention in the rental model, more construction of properties"

"Rents must be affordable, rip-offs must be prevented. Even if individual landlords make less profit as a result."

"The more regulated the letting of residential space is, especially for private landlords, the less housing is available for tenants. There are black sheep among landlords, but preventing all of them from being profitable, especially in Munich, is wrong."

"Promote real estate construction rather than sanctioning existing operators. Every apartment on the market helps-whether commercial or residential"

"Smaller and medium-sized investors will hold back on real estate purchases and look for other markets, including in other EU countries. As a result, the supply will decrease and the rental housing situation will become even worse."

"The only way to combat high rents is to build more. The principle of supply and demand.

"Motivate people to build apartments instead of imposing sanctions on landlords and owners"

"Promotion of new housing through liberalization of tenancy law and strengthening of landlords"

"Rely on the market economy"

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"Furnished rentals are mainly used by companies. Landlords often pay 40% tax on rental income. These would become less, the state would earn less."

"Leave it to the Market"

"There should be more investment in social housing and cooperatives."

"Creating debt, increasing revenue through "taxes" of all kinds, but not reducing expenditure. On the contrary, further bűrocratic monsters are being created. Right up to the criminalization of property owners."

"The supply of furnished apartments will decrease."

"Rent control does not solve housing problems, it exacerbates them!"

"It would be good if construction projects were implemented more quickly, then politicians could save themselves the trouble of intervening in this market. As we know, supply and demand determine the price!"

"Privately renting out a single apartment in an urban area in Munich doesn't make anyone rich. If you treat your tenants decently and keep the property in good condition, the return is actually pretty meagre."

"Stay away from furnished temporary apartments. Well-furnished accommodation, usually lovingly prepared by private landlords, is the best and most sustainable way for expats and international guests to settle into a city. Private rentals break the hotel monopoly, promote the city and create turnover and jobs (someone has bought and paid for the facilities) - fingers off private property. No DDR 2.0!!!"

"A rent freeze should take inflation into account!"

"The more attractive renting is, the more housing supply there will be. Anything else will not work in the medium or long term. Apartments will stand empty or not be built at all. None of this should be unknown."

"A rent freeze has never done anyone any good except make the housing shortage even worse. Take the former GDR, where housing was only available on allocation. Rents were capped there too. I don't think politics should cure the symptoms, but fight the cause."

"Germany is already over-regulated and has a housing problem. This exacerbates this problem."

"Counterproductive"

"Rent caps do not solve the problem of housing shortages"

"Keep your hands off it. This intervention in one of the last areas that still leaves citizens relatively free to make their own decisions should not be left to civil servants. It will exacerbate the housing shortage instead of easing it."

"Rent control and other restrictions will not create a single new apartment. More should be built, especially in social housing, but in order for investments to be made, it must be possible to achieve a return on investment."

"Furnished rental is important in an increasingly mobile society, furnished rental must also be possible."

"Finding the "golden mean""

"More flexibility"

"Rent control prevents investment in housing construction"

"The state should provide stability, but it only creates uncertainty!"

"There is no investment in real estate without a return."

"It would have a negative impact on investments."

"Landlords are normally not robber barons, but a fair partner to tenants. Most private properties serve the landlord's retirement provision. Socialist bullying of landlords should be avoided! Otherwise people will no longer invest in real estate at all, which will damage the rental market!"

"The lack of affordable housing is probably the reason for high rents. But that is very well known."

"I would accept a 5% surcharge"

.

"Rather than bully private investors, it would be better for the public sector to invest itself. However, if you look at the conditions at which the city of Munich, for example, rents out properties, it becomes very clear that it would also be better to rent out at a profit."

"The market regulates itself. We don't need state-controlled socialism, that has never worked!"

"The rent freeze does not create additional living space"

"You can only counter the rise in rents if more is built and this is encouraged."

"Regulation is not a solution. New urban areas should solve the housing shortage with better infrastructure and fast connections to city centers."

"Please be more down-to-earth in politics. The more regulation, the less housing construction."

"Enable a return comparable to the return on shares."

"The housing shortage can only be tackled if renting is worthwhile again. The less attractive the overall framework conditions are, the more certain it is that people will stop building."

"Build more apartments"

"My tenants were always very happy to have a fully furnished apartment in which a person living in Munich for a short time does not have to buy an entire household. If this were only allowed to be remunerated with 1-2%, the effort would be far too great."

"The furnishing surcharge also includes trade costs, e.g. for furniture assembly and repairs"

"As the rent freeze has little impact on rent levels, we should consider phasing it out in order to encourage people to invest in housing construction."

"The regulatory mania must stop..."

"In principle, I can understand this for very old properties, for example from the 60-90s. With new buildings, the customer has a completely different quality of living. Accordingly, I cannot understand the draft law."

"Rental income is a not insignificant part of my retirement provision, as I do not receive a state pension. Reductions in rental income would therefore be just as fatal as pension cuts for pensioners, given the constantly rising cost of living. We should also not forget that politicians have already implemented rent cuts by restricting the apportionable ancillary costs."

"I was a tenant myself for 30 years, so tenant protection is important. However, this requires the responsible handling of other people's property and the fulfillment of contractual obligations. If these are obviously violated, e.g. by non-payment of rent, then the owner must also be able to give notice to the tenant. The same applies to personal use. I don't expect a return on my investment, but I do expect to retain and retain control over my property, which I financed 20 years ago with €0.75 million in advance."

"More support for private landlords or at least no burdens for them"

"Letting, rent and income must be in a reasonable relationship!"

"The housing issue is of central importance for social peace. Munich is already too expensive for many people. Limiting yield expectations to a socially acceptable level is justified."

"Soon nothing will be built"

"The ancillary costs and taxes for properties are also rising, so many will soon be declaring vacancies."

"Better not to rent then. The return on renting is relatively low anyway, around 2% before tax and without calculating the time worked as a landlord."

"Investments and risk should also pay off, as a landlord you already have fewer rights than tenants."

"Create more living space!"

"Tightening the rent freeze would definitely bring even more uncertainty to the housing market at the broadest level and prevent investment. To put it bluntly: the cart is being put before the horse. The housing shortage will become even more acute."

"Simplifies building law and massively promotes new construction.I don't want to have permanent tenants and that's why I prefer this business model so much. I am also happy to pay the commission as you take care of everything on site."

"I am in favor of limiting rents. At the same time, fewer laws should force people to pay too much for utilities and renovations. Ideally, the state should build housing itself and rent it out cheaply so that prices fall and this insane speculation finally stops. There should also be a maximum number of properties per person, e.g. 1 or 2."

"I have noticed that so far only highly qualified professionals from abroad have moved into my "Mr. Lodge apartment". In my experience, these tenants stay in my apartment for about a year until they have passed the probationary period, then get an extension of their residence and work permit and can then look for an unfurnished rental apartment with an open-ended contract. These skilled workers are urgently needed and their arrival is expressly desired by politicians. If the letting of fully furnished and temporary rented apartments is ruined by legal regulations, then the recruitment of foreign skilled workers will become even more difficult than it already is, which would cause great damage to our industry and thus to Germany as a whole. And another thing: what landlord in a tight housing market like Munich would rent an empty apartment to a skilled worker coming from abroad with a one-year temporary residence permit? And what sense would it make for this skilled worker to move into an empty apartment (if he gets one at all) and then have to buy furniture in an unknown country with an unknown language, which has a delivery time of 3 months? And there's something else I'd like to point out: MrLodge doesn't rent "furnished" apartments, but "fully furnished" ones. A furnished apartment would only have furniture in it, nothing else, not even curtains, carpets, mattresses. This is not a quibble. I myself visited such furnished apartments during a one-year stay abroad in the Netherlands and then rented a fully furnished apartment. The question that lawyers need to answer is therefore: would legal regulations for furnished apartments be applicable to fully furnished apartments at all?"

"The demand for fully furnished apartments including all utilities is there, the expense for the landlord is high, this must be taken into account when calculating the rent."

"Renting out my apartment has been planned as a way to improve my pension. A rent freeze must be calculated in conjunction with general inflation. It is the death of investment in new residential construction."

"The criteria are too thin."

"Rents have gone through the roof due to the excessive regulatory frenzy of the authorities and not due to exorbitant landlord profits. Renting also involves a high risk (damage, non-payment / rental nomads etc). If you were to factor all this in, the net return on a rented apartment would be just 2-3%, which is not reasonable given the risk anyway,"

"Abolition of the rent freeze"

"Lower the tax burden, then people have more leeway for housing + living!"

"Housing must become more social! It is unacceptable that many people have to pay over 50% of their net income for housing!"

"If investing in real estate becomes even less attractive for private investors, this will have a negative impact on the tenant situation in the medium and long term."

"Bans are counterproductive. More differentiation is needed. Tenants must decide for themselves what furnishings and fittings they want. If they want high-quality furnishings in a nice neighborhood, then high rents are justified and desirable. When it comes to socially disadvantaged tenants, this is not the task of private landlords. Then the state or associations or patrons should invest."

"This will certainly not contribute to an increase in housing construction. The multifaceted waste of taxes and social benefits should be stopped first, then there will be money left for housing and rent again."

"Renting out furnished accommodation does not take housing away from the regular residential rental market, it meets a different demand. Let the market sort this out."

"Implement the "construction turbo" quickly and with less bureaucracy."

"Separation of the topic area "temporary living with high-quality furnishings" from "renting with average furnishings and no time limit". Investments in the former area are made exclusively with the described objective for the corresponding clientele. The average housing market does not lose any housing capacity here. Therefore, a clear regulation for this upper market segment should enable further investments of this kind outside the scope of the rent cap."

"The problem with a lack of apartments would be much smaller if the state did not constantly intervene in the market."

"The importance of furnished housing should not be underestimated."

"Make decisions with a sense of proportion. Consider all aspects and effects with common sense."

"First and foremost, there is the failure of the state. If the state did not withdraw more and more from social housing construction or even sell off social housing, as the csu did a few years ago, they would not have to pester the small private landlords in particular, who are especially concerned about the well-being of their tenants."

"The market should regulate itself without political interference"

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